Location: Freestone County, TX | Metro: Freestone County, TX
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,480 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,480 | $200,936 | 0.74% | D |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 75860 suggests a stable environment for both pricing power and rental income, particularly when viewed through the lens of a Section 8 investor. The median home value stands at $196,958, indicating a moderate price point that remains accessible to many potential buyers. With only 0.2% of listings being reduced, it's clear that sellers maintain significant pricing power. This low reduction rate signals strong demand, where properties listed at their asking price often find buyers quickly, reinforcing the stability of current values.
The median days on market (DOM) being listed as 'N/A' could imply a robust sales pace, where homes are selling swiftly, sometimes even before the typical reporting period. Such quick turnover supports the notion of a seller's market, where pricing power is likely to persist over the next 12-24 months. For landlords and small-portfolio investors, this setup means less pressure to reduce rents or property values to attract tenants or buyers.
Moving to the rental side, the Federal Market Rent (FMR) for ZIP 75860 is set at $970 for the fiscal year 2026, compared to the current market rent of $839. This gap presents an opportunity for landlords who can align their rents closer to the FMR without losing tenants, especially those relying on Section 8 vouchers. As the FMR adjusts upward, it's likely to reflect broader economic trends that could support higher rents, benefiting long-term investors who can gradually increase their rates to match the FMR.
For long-hold investors, the appreciation thesis in ZIP 75860 appears realistic. Given the current median home value and the slight upward trend in FMR, there's a foundation for steady growth in property values. However, it's important to note that rapid appreciation isn't implied by the data. Instead, the setup points towards a scenario where consistent, modest increases in property value and rental income are achievable, providing a solid return on investment over time.
In summary, the combination of a stable median home value, minimal listing reductions, and a favorable gap between current market rents and the FMR paints a picture of a resilient real estate market in ZIP 75860. Landlords and small-portfolio investors can expect to maintain their pricing power and potentially see gradual improvements in both property values and rental income, supporting a long-term holding strategy.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.